# PPP loan: DOVER ELECTRIC SUPPLY CO INC
> **$429K** approved 05/01/2020 · Paid in Full · Loan `7707577704`
## Borrower
- **Name:** DOVER ELECTRIC SUPPLY CO INC
- **Address:** 1631 S DUPONT HWY, DOVER, DE, 19901-5119
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Jobs reported:** 39
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*